Psalms 22:26 -“The meek shall eat and be satisfied: they shall praise the LORD Yahweh that seek him”
Food Prices To Jump Worldwide
Global food prices increased the most in 1.5 years as trade disruptions from the El Nino weather phenomenon. Food prices are expected to jump worldwide due to this and other factors.
The Food and Agriculture Organization of the United Nations (FAO) reported Friday that the global food index, which tracks monthly changes in the international prices of globally-traded food commodities, averaged 123.9 in July, up 1.3% from the previous month.
We all know the real reason for the price increases? Do it seem that it would benefit a certain group of people to cash grab as quickly as possible?
The FAO Food Price Index’s July print was the largest monthly gain since March 2022.
Not to mention, some countries are banning the export of certain foods such as rice (India).
This upward pressure on rice prices “raises substantial food security concerns for a large swathe of the world population.
Conclusion
Rising food prices risk fueling social instability for the weakest emerging market economies.
Commodities are priced in dollars.
Denominated in dollars of course it went up. The dollar is going down.
Our dollars will lose value at the speed of sound once we convert them to central bank digital currency.
Which is why holding on to cash is a poor decision. Maintain balances to cover monthly expenses for 3-6 months then use discretionary and left over money each month to invest in yourself – food, the means to grow your own food (implements, fertilizers, seed).
Along with food shortages comes social chaos, economic collapse, etc.
As always, keep Yahweh first, stay free, pay down your debt and prepare. Shalom.
DISCLAIMER: I am not a financial adviser. This site is for educational purposes only. It is imperative that you do your own research. I am sharing my opinion from personal research and experience with no guarantee of gains or losses on investments, finance etc.
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